Delphi seeks two-month extension on reorganization

Newswire

CHICAGO, Feb 29 (Reuters) - Bankrupt auto parts maker Delphi Corp has sought a two-month extension on its right to complete its reorganization without interference from others but still expects to emerge by the end of March, a company spokesman said on Friday. Delphi sought the extension until May 31 in a filing with the U.S. Bankruptcy Court in New York on Thursday, citing capital markets turbulence that has made an exit financing deal difficult to complete, among other factors. The ...

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